1000 MILE NORGE AS: årsregnskap 2021 vs 2020
Shrank 17% on revenue, stronger earnings
approved 2022-06-20; registry 2022-06-22; journal 2022 493140
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 1000 MILE NORGE AS. Revenue 151.8k NOK → 125.6k NOK (-17.2%). Net result -48.7k NOK → -16.7k NOK. Equity 296.5k NOK → 279.8k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -48.5k NOK → -16.7k NOK (op. margin -32.0% → -13.3%). Calculated
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↑
Net result improved
Net result -48.7k NOK → -16.7k NOK (net margin -32.1% → -13.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 151.8k NOK to 125.6k NOK (-17.2% YoY). Calculated
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↓
Equity eroded
Book equity 296.5k NOK → 279.8k NOK (equity ratio 95.2% → 90.9%). Calculated
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↓
Cash fell
Bank deposits 8 567 NOK → 5 556 NOK (-35.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 112.7k NOK → 57.3k NOK (-49.2% YoY). Calculated